NewsChina's flower-focused e-commerce platform Flowerplus raises USD 5 million in Series B1 roundThe company has turned profitable in the first half of this year.2 mins read
After its shares dived nearly 35%, the company requested the Stock Exchange of Hong Kong to halt trading temporarily.NewsPolice storm China's largest online credit card manager 51 Credit Card2 mins read
The platform now wants to reframe itself as a marketplace for branded merchandise.NewsPinduoduo surpasses JD.com on GMV two years earlier than planned, says founder Huang (updated)3 mins read
Platforms like Bihu's Gecko are popular among people who are priced out of conventional insurance plans.NewsSina invests in mutual help platform Bihu Huzhu as Alibaba and Tencent both make bets in the sector2 mins read
In China, live streaming has become a key promotional method for consumer-facing vendors. NewsChina's regulators announce crackdown on platforms hosting online celebrities selling unqualified food via live streaming2 mins read
China's JD Logistic is now allowing cars to be used as mailing address.NewsChinese shoppers can now have their parcels delivered to their cars1 min read
Kuaishou's latest move to compete with ByteDance's Douyin.NewsTencent-backed Kuaishou plans to spend USD 565 million on marketing to achieve '300 million DAUs'2 mins read
Riding with strangers still presents risks and dangers.NewsWoman robbed by driver using Ant Financial-backed Hello-Chuxing's hitchhiking platform2 mins read
A niche market with no dominant players.NewsShanghai-based Xiaopangxiong, an e-commerce platform hosting home decoration materials, raises USD 18.3 million in Series B2 mins read